Facebook's Libra cryptocurrency could see delays after insiders revealed that Visa, Mastercard, Stripe, and PayPal all have doubts over the proposed cryptocurrency due to the scrutiny it's under.
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French finance minister, Bruno La Maire, has re-iterated that the EU needs to regulate cryptocurrencies after Facebook announced Libra. He also said the EU should develop a cryptocurrency.
Facebook's Libra plans have again come under fire, this time by the ECB's Yves Mersch, who said that the eurozone should not be wooed by the "treacherous promises of Facebook's siren call."
